Golden Resources Development International (HKSE:00677) Interest Coverage: 2.99 (As of Mar. 2026) — 11% Above Median

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HKSE:00677 Golden Resources Development International Ltd HKSE:00677
55 GF Score
Price HK$0.35
GF Value HK$0.41
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Golden Resources Development International Interest Coverage?

Golden Resources Development International HKSE:00677 55 Interest Coverage is 2.99 as of Mar. 2026, which is 11% above its 10-year median of 2.69. GuruFocus rates HKSE:00677 with a GF Score™ of 55/100 and a GF Value™ of HK$0.41 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 253 Retail - Defensive companies, Golden Resources Development International ranks worse than 90.51% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Golden Resources Development International's Operating Income for the six months ended in Mar. 2026 was HK$43 Mil. Golden Resources Development International's Interest Expense for the six months ended in Mar. 2026 was HK$-14 Mil. Golden Resources Development International's interest coverage for the quarter that ended in Mar. 2026 was 2.99. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Golden Resources Development International's Interest Coverage or its related term are showing as below:

HKSE:00677' s Interest Coverage Range Over the Past 10 Years
Min: 0.4   Med: 2.69   Max: 11368
Current: 1.7


HKSE:00677's Interest Coverage is ranked worse than
90.51% of 253 companies
in the Retail - Defensive industry
Industry Median: 8.8 vs HKSE:00677: 1.70

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Golden Resources Development International  (HKSE:00677) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Golden Resources Development International Interest Coverage Related Terms


Golden Resources Development International Interest Coverage Historical Data

* Premium members only.

The historical data trend for Golden Resources Development International's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Golden Resources Development International Interest Coverage Chart

Golden Resources Development International Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 4.88 2.94 1.60 1.70

Golden Resources Development International Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.94 1.69 1.50 0.72 2.99

HKSE:00677 vs SYY, USFD, PFGC: Interest Coverage Comparison

For the Food Distribution subindustry, Golden Resources Development International's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Golden Resources Development International Interest Coverage vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Golden Resources Development International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Golden Resources Development International's Interest Coverage falls into.


HKSE:00677
55GF Score
Golden Resources Development International Ltd HKSE:00677
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Resources Development International Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Golden Resources Development International's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Golden Resources Development International's Interest Expense was HK$-33 Mil. Its Operating Income was HK$57 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$266 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*56.689/-33.387
=1.70

Golden Resources Development International's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Golden Resources Development International's Interest Expense was HK$-14 Mil. Its Operating Income was HK$43 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$266 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*43.013/-14.385
=2.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.99 mean?
Golden Resources Development International (HKSE:00677) has a Interest Coverage of 2.99 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Golden Resources Development International and its competitors. This is 11% above median its historical median of 2.69. Over the past decade, Golden Resources Development International's Interest Coverage has ranged from 0.40 to 11,368.00. According to the industry distribution chart, Golden Resources Development International ranks #229 out of 253 companies in the Retail - Defensive industry, placing it in the top 90.5%.
Is Golden Resources Development International's Interest Coverage too high?
Golden Resources Development International's current Interest Coverage of 2.99 is 11% above median its 10-year median of 2.69. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 11,368.00. The Retail - Defensive industry median Interest Coverage is 8.80. Golden Resources Development International's value of 2.99 is 66% below this industry median. Based on the distribution chart, Golden Resources Development International ranks #229 out of 253 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Golden Resources Development International has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Resources Development International's Interest Coverage compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Golden Resources Development International ranks #229 out of 253 companies for Interest Coverage. This places Golden Resources Development International in the lower half of its industry. The industry median Interest Coverage is 8.80. Golden Resources Development International's value of 2.99 is 66% below this benchmark. Historically, Golden Resources Development International's own Interest Coverage has ranged from 0.40 to 11,368.00 over the past decade. While the company's 10-year median is 2.69 vs. the industry median of 8.80, Golden Resources Development International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Retail - Defensive company?
The median Interest Coverage among Retail - Defensive companies is 8.80, based on 253 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Golden Resources Development International's current Interest Coverage of 2.99 is 66% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Golden Resources Development International and its competitors. For the Retail - Defensive industry, the median Interest Coverage is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Resources Development International's current Interest Coverage is 2.99, which is 11% above median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Resources Development International stock overvalued right now?
Based on GuruFocus' analysis, Golden Resources Development International (HKSE:00677) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.41, compared to a current price of HK$0.35 — trading 14.6% below its estimated fair value. The current Interest Coverage is 2.99, which is 11% above median its 10-year median of 2.69 and 66% below the Retail - Defensive industry median of 8.80. Golden Resources Development International's overall GF Score™ is 55/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Golden Resources Development International (HKSE:00677), the current Interest Coverage is 2.99 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Golden Resources Development International (HKSE:00677) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Resources Development International stock appears to be undervalued. The current stock price of HK$0.35 is trading 14.6% below its estimated GF Value™ of HK$0.41. GuruFocus considers Golden Resources Development International to be Modestly Undervalued.

Key valuation signals for HKSE:00677:

  • Interest Coverage: 2.99 (11% above median its 10-year median of 2.69)
  • GF Value™: HK$0.41 vs. price of HK$0.35 (14.6% below fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 66% below the Retail - Defensive median (#229 of 253)

No single metric tells the full story. See the HKSE:00677 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Resources Development International Business Description

Address No. 218 Jaffe Road, 29th Floor, Golden Resources Centre, Wan Chai, Hong Kong, HKG
Golden Resources Development International Ltd is an investment holding company. The company is engaged in the business of sourcing, importing, wholesaling, processing, packaging, marketing and distribution of rice and food products, convenience store operation, packaging materials operation, securities investment, property investment retailtainment and investment holding. The company's operating segment includes Convenience store operation; Food operation; Packaging materials operation; Securities investment; Property investment; Retailtainment; and Corporate and others. It generates maximum revenue from the Convenience store operation segment. Geographically, it derives a majority of revenue from Vietnam and also has a presence in Hong Kong and Mainland China and Other regions.
55GF Score

Get the complete analysis for HKSE:00677

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.35
Price
HK$0.41
GF Value